Lloyds Metals and Energy Limited (LMEL) is one of the largest iron ore miners in India by volume and the sole merchant iron ore miner in Maharashtra. The company operates the Surjagarh Mining Complex (SMC) in Gadchiroli district, a mine that was granted on allocation basis in CY07 over 348.09 hectares with a 50-year lease valid until CY57. The resource base is substantial: 157 million tonnes of hematite ore and 706 million tonnes of Banded Hematite Quartzite (BHQ), giving a total geological reso...
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